Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ALBERT H BANGERT CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)FIRST CITIZENS BANK TRUSTEE PO BOX
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27626
A Employer identification number

56-6034663
B Telephone number (see instructions)

(919) 716-7347
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$500,250J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 9,345 9,266  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,097
b Gross sales price for all assets on line 6a 703,513
7 Capital gain net income (from Part IV, line 2)... 1,097
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 272    
12 Total. Add lines 1 through 11........ 10,714 10,363  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,891 6,891    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 450 450 0 0
c Other professional fees (attach schedule).... Click to see attachment 228 228   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 232 232   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,801 7,801 0 0
25 Contributions, gifts, grants paid....... 22,708 22,708
26 Total expenses and disbursements. Add lines 24 and 25 30,509 7,801 0 22,708
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -19,795
b Net investment income (if negative, enter -0-) 2,562
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 17,431 15,141 15,141
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 335,902 Click to see attachment297,543 380,508
c Investments—corporate bonds (attach schedule)....... 85,167 Click to see attachment102,432 104,601
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 438,500 415,116 500,250
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 438,500 415,116
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 438,500 415,116
30 Total liabilities and net assets/fund balances (see instructions). 438,500 415,116
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
438,500
2
Enter amount from Part I, line 27a .....................
2
-19,795
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
418,705
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,589
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
415,116
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 200.144 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804   2016-10-07 2020-01-06
b 2.643 COLUMBIA CONTRARIAN CORE FUND INSTL #6262   2018-10-03 2020-01-06
c 51.797 FIDELITY MID CAP INDEX FUND INST PREMIUM #2352     2020-01-06
d 256.304 GLENMEDE LARGE CAP CORE PORTFOLIO - INST #5559     2020-01-06
e 895.085 GLENMEDE LARGE CAP CORE PORTFOLIO - INST #5559     2020-01-06
486.272 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999   2018-04-03 2020-01-06
69.601 OAKMARK FUND - INST #2876     2020-01-06
174.702 OAKMARK FUND - INST #2876     2020-01-06
125.91 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2018-07-02 2020-01-06
79. ISHARES MSCI ACWI ETF   2019-11-29 2020-01-06
88.519 LAZARD INTERNATIONAL EQUITY INST #632   2016-06-03 2020-01-06
24.043 MFS MID CAP VALUE R6 #4837   2018-10-03 2020-01-06
155.926 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896   2018-07-02 2020-01-06
145.169 PIMCO STOCKSPLUS INTERNATIONAL FUND U.S. DOLLAR-HEDGED INST #3   2017-10-03 2020-01-06
11.083 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524   2018-10-03 2020-01-06
34.378 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832     2020-03-02
83.152 BALTER INVENOMIC FUND - INSTL     2020-03-02
2.337 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2016-01-15 2020-03-13
87.386 BALTER INVENOMIC FUND - INSTL   2019-06-07 2020-03-13
36.936 KELLNER MERGER FUND   2018-04-03 2020-03-16
281.635 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851   2018-07-02 2020-03-16
383.187 BAIRD AGGREGATE BOND FUND INST #72     2020-03-16
12.632 BLACKROCK HIGH YIELD BOND PORTFOLIO CLASS K #340     2020-03-16
11.65 COHEN & STEERS REAL ESTATE SECURITIES FUND CLASS I #1260   2018-07-02 2020-03-16
12.75 EATON VANCE GLBL MACRO ABS RET ADVTG R6   2018-04-03 2020-03-16
1.155 FIDELITY ADVISIOR INTERNATIONAL REAL ESTATE FUND   2018-07-02 2020-03-16
1.392 GLENMEDE SECURED OPTIONS PORTFOLIO   2018-10-03 2020-03-16
119.441 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999   2018-04-03 2020-03-16
12.625 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025   2017-10-03 2020-03-16
9.043 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2016-01-15 2020-03-16
9.788 IVY HIGH INCOME FUND CLASS N #229   2016-01-15 2020-03-16
34.875 PARTNER SELECT ALTERNATIVE STRATEGIES INSTL   2017-10-03 2020-03-16
11.321 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS BOND FUND #163   2018-10-03 2020-03-16
4.601 PRINCIPAL REAL ESTATE SECURITIES FUND - R6 #4269     2020-03-16
35.725 INFINTY Q DIVERSIFIED ALPHA FUND #2373   2018-10-03 2020-03-16
301.715 WELLS FARGO CORE BOND FUND CLASS R6 #4657     2020-03-16
64.741 VICTORY INTEGRITY DISCOVERY FUND CLASS Y   2019-01-10 2020-03-18
640.032 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST     2020-03-20
340.719 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K     2020-03-20
1280.836 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804     2020-03-20
166.737 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804   2016-10-07 2020-03-20
151.526 COLUMBIA SMALL CAP INDEX FUND INTL #444     2020-03-20
690.195 COLUMBIA CONTRARIAN CORE FUND INSTL #6262     2020-03-20
114.175 COLUMBIA CONTRARIAN CORE FUND INSTL #6262     2020-03-20
482.671 DFA INTERNATIONAL REAL ESTATE SECURITIES FUND   2016-01-15 2020-03-20
198.449 FEDERATED HERMES MDT SMALL CAP CORE FUND     2020-03-20
1093.495 FIDELITY MID CAP INDEX FUND INST PREMIUM #2352     2020-03-20
192.596 GLENMEDE SECURED OPTIONS PORTFOLIO     2020-03-20
397.767 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #   2017-04-24 2020-03-20
218.436 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025     2020-03-20
273.87 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2018-07-02 2020-03-20
280.508 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2019-04-02 2020-03-20
1574.033 JOHNSON ENHANCED RETURN FUND   2020-01-06 2020-03-20
234.071 LAZARD INTERNATIONAL EQUITY INST #632     2020-03-20
380.665 LAZARD INTERNATIONAL EQUITY INST #632     2020-03-20
591.816 MFS MID CAP VALUE R6 #4837     2020-03-20
106.181 MFS MID CAP VALUE R6 #4837   2017-09-27 2020-03-20
327.82 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896     2020-03-20
736.255 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896     2020-03-20
280.946 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896   2018-07-02 2020-03-20
907.953 PIMCO STOCKSPLUS INTERNATIONAL FUND U.S. DOLLAR-HEDGED INST #3     2020-03-20
248.126 PIMCO STOCKSPLUS SMALL FUND - INST #1885   2019-01-10 2020-03-20
152.05 PIMCO STOCKSPLUS SMALL FUND - INST #1885   2019-01-10 2020-03-20
165.044 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524     2020-03-20
47.862 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245   2017-01-13 2020-03-20
491.191 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245     2020-03-20
237.437 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245     2020-03-20
963.435 T ROWE PRICE US EQUITY RESEARCH FUND CL I #358   2020-01-06 2020-03-20
84.057 VANGUARD 500 INDEX FUND ADM #540     2020-03-20
22.325 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804   2020-03-16 2020-03-23
.148 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804     2020-03-23
4.384 COLUMBIA SMALL CAP INDEX FUND INTL #444   2020-01-06 2020-03-23
.254 COLUMBIA SMALL CAP INDEX FUND INTL #444     2020-03-23
3.736 FEDERATED HERMES MDT SMALL CAP CORE FUND   2020-03-18 2020-03-23
.13 FEDERATED HERMES MDT SMALL CAP CORE FUND     2020-03-23
.007 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2019-04-02 2020-03-23
23.813 WCM FOCUSED INTERNATIONAL GROWTH FUND #840     2020-03-23
.147 LAZARD INTERNATIONAL EQUITY INST #632     2020-03-23
.085 LAZARD INTERNATIONAL EQUITY INST #632     2020-03-23
34.019 MFS MID CAP VALUE R6 #4837     2020-03-23
.172 MFS MID CAP VALUE R6 #4837     2020-03-23
.439 PIMCO STOCKSPLUS INTERNATIONAL FUND U.S. DOLLAR-HEDGED INST #327     2020-03-23
196.61 PIMCO STOCKSPLUS INTERNATIONAL FUND U.S. DOLLAR-HEDGED INST #32   2020-03-16 2020-03-23
13.855 PIMCO STOCKSPLUS SMALL FUND - INST #1885   2020-01-06 2020-03-23
.141 PIMCO STOCKSPLUS SMALL FUND - INST #1885   2019-01-10 2020-03-23
8.634 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524     2020-03-23
.067 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524     2020-03-23
6.847 INFINTY Q DIVERSIFIED ALPHA FUND #2373   2018-10-03 2020-03-23
1.066 KELLNER MERGER FUND   2018-04-03 2020-03-27
1.376 BLACKROCK HIGH YIELD BOND PORTFOLIO CLASS K #340   2016-01-15 2020-03-27
.199 GLENMEDE SECURED OPTIONS PORTFOLIO     2020-03-27
.919 GLENMEDE SECURED OPTIONS PORTFOLIO   2019-12-16 2020-03-27
3.686 VICTORY INTEGRITY DISCOVERY FUND CLASS Y   2019-01-10 2020-03-27
34.657 VICTORY INTEGRITY DISCOVERY FUND CLASS Y     2020-03-27
17.681 KELLNER MERGER FUND   2018-04-03 2020-04-06
138.707 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851   2018-07-02 2020-04-06
1.232 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851   2018-07-02 2020-04-06
192.416 BAIRD AGGREGATE BOND FUND INST #72     2020-04-06
120.776 FIDELITY INTERNATIONAL INDEX FUND #2363   2020-03-20 2020-04-06
123.185 FIDELITY EMERGING MARKETS INDEX FUND #2344     2020-04-06
1.176 FIDELITY ADVISIOR INTERNATIONAL REAL ESTATE FUND   2018-07-02 2020-04-06
4. FIRST TRUST LONG/SHORT EQUITY ETF   2020-03-02 2020-04-06
4.753 GLENMEDE SECURED OPTIONS PORTFOLIO     2020-04-06
37.427 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #4   2016-01-15 2020-04-06
12.142 INFINTY Q DIVERSIFIED ALPHA FUND #2373   2018-10-03 2020-04-06
370.315 VANGUARD DEVELOPED MARKETS INDEX FUND - ADM #127   2020-03-20 2020-04-06
15.695 VANGUARD EMERGING MARKETS STOCK INDEX FUND ADM #5533     2020-04-06
167.236 WELLS FARGO CORE BOND FUND CLASS R6 #4657     2020-04-06
334.204 FIDELITY TOTAL MARKET INDEX FUND INSTL PREMIUM CLASS #2361     2020-04-15
29.334 VANGUARD 500 INDEX FUND ADM #540     2020-04-15
1.384 COHEN & STEERS REAL ESTATE SECURITIES FUND CLASS I #1260   2018-07-02 2020-04-20
870.183 FIDELITY INTERNATIONAL INDEX FUND #2363   2020-03-20 2020-04-20
21.948 FIDELITY 500 INDEX FUND #2328   2020-03-20 2020-04-20
643.77 FIDELITY SMALL CAP INDEX INSTITUTIONAL PREMIUM FUND #2358     2020-04-20
1531.531 FIDELITY EMERGING MARKETS INDEX FUND #2344   2020-03-20 2020-04-20
19.645 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #4   2016-01-15 2020-04-20
8. ISHARES RUSSELL 3000 ETF   2020-04-15 2020-04-20
9.12 PRINCIPAL REAL ESTATE SECURITIES FUND - R6 #4269   2016-01-15 2020-04-20
18.752 VANGUARD REAL ESTATE INDEX FUND ADM #5123     2020-04-20
94.155 VANGUARD TOTAL BOND MARKET INDEX FD ADM #584     2020-04-20
1073.706 VANGUARD DEVELOPED MARKETS INDEX FUND - ADM #127   2020-03-20 2020-04-20
219.069 VANGUARD EMERGING MARKETS STOCK INDEX FUND ADM #5533   2020-03-20 2020-04-20
291.756 VANGUARD MID-CAP INDEX FUND - ADM #5859     2020-04-20
52.143 VANGUARD 500 INDEX FUND ADM #540   2016-10-07 2020-04-20
2.326 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2019-04-02 2020-04-21
85.332 BAIRD AGGREGATE BOND FUND INST #72   2016-01-15 2020-04-21
2.488 FIDELITY ADVISIOR INTERNATIONAL REAL ESTATE FUND   2018-07-02 2020-04-21
6.418 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025     2020-04-21
2.521 IVY HIGH INCOME FUND CLASS N #229   2016-01-15 2020-04-21
5.486 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531   2018-10-03 2020-04-21
1.206 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531   2018-10-03 2020-04-21
6.723 INFINTY Q DIVERSIFIED ALPHA FUND #2373   2018-10-03 2020-04-21
.096 COLUMBIA CONTRARIAN CORE FUND INSTL #6262     2020-05-15
41.386 COLUMBIA CONTRARIAN CORE FUND INSTL #6262   2020-04-20 2020-05-15
.022 COLUMBIA CONTRARIAN CORE FUND INSTL #6262   2018-10-03 2020-05-15
.06 COLUMBIA CONTRARIAN CORE FUND INSTL #6262     2020-05-15
131.233 JOHNSON ENHANCED RETURN FUND   2020-04-20 2020-05-15
70.61 T ROWE PRICE US EQUITY RESEARCH FUND CL I #358   2020-04-20 2020-05-15
47.539 VANGUARD 500 INDEX FUND ADM #540   2016-10-07 2020-05-15
611.359 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851     2020-07-13
170.363 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST   2020-04-20 2020-07-13
101.133 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K   2020-04-20 2020-07-13
444.81 BAIRD AGGREGATE BOND FUND INST #72     2020-07-13
22.473 COLUMBIA SMALL CAP INDEX FUND INTL #444     2020-07-13
72.04 COLUMBIA SMALL CAP INDEX FUND INTL #444     2020-07-13
48.157 FEDERATED HERMES MDT SMALL CAP CORE FUND   2020-04-23 2020-07-13
875.955 GOLDMAN SACHS ENHANCED INCOME FD CL I #1999     2020-07-13
.112 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #465   2017-04-24 2020-07-13
157.761 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #     2020-07-13
103.875 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2020-04-23 2020-07-13
18.849 MFS MID CAP VALUE R6 #4837   2019-07-03 2020-07-13
160.108 MFS MID CAP VALUE R6 #4837   2020-04-23 2020-07-13
.382 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896     2020-07-13
446.981 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896   2020-04-20 2020-07-13
670.31 PIMCO STOCKSPLUS INTERNATIONAL FUND UNHEDGED INST #321     2020-07-13
182.36 PIMCO STOCKSPLUS SMALL FUND - INST #1885     2020-07-13
45.474 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524     2020-07-13
35.66 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531     2020-07-13
.114 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245     2020-07-13
210.738 TIAA-CREF EMERGING MARKETS EQUITY INDEX FUND INST #2245     2020-07-13
23.771 VANGUARD 500 INDEX FUND ADM #540     2020-07-13
370.043 WELLS FARGO CORE BOND FUND CLASS R6 #4657     2020-07-13
25.032 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2019-07-03 2020-07-14
293. ISHARES RUSSELL 3000 ETF   2020-04-15 2020-07-14
1.21 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2018-04-03 2020-07-14
2.351 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2016-01-15 2020-07-15
4. ISHARES RUS TOP 200 ETF   2020-07-13 2020-07-15
22.327 KELLNER MERGER FUND   2018-04-03 2020-07-17
30.303 BAIRD AGGREGATE BOND FUND INST #72   2016-01-15 2020-07-17
12.534 BLACKROCK HIGH YIELD BOND PORTFOLIO CLASS K #340   2019-07-03 2020-07-17
9.661 DFA INTERNATIONAL REAL ESTATE SECURITIES FUND   2020-07-15 2020-07-17
.339 DFA INTERNATIONAL REAL ESTATE SECURITIES FUND   2016-01-15 2020-07-17
6.948 FEDERATED HERMES MDT SMALL CAP CORE FUND   2020-07-15 2020-07-17
1.367 FIDELITY MID CAP INDEX FUND INST PREMIUM #2352   2020-06-08 2020-07-17
60.119 FIDELITY MID CAP INDEX FUND INST PREMIUM #2352   2020-07-15 2020-07-17
5.017 GLENMEDE SECURED OPTIONS PORTFOLIO   2019-12-16 2020-07-17
8.651 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #46   2019-07-03 2020-07-17
12.127 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025   2019-04-02 2020-07-17
3.674 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2016-01-15 2020-07-17
25. ISHARES RUS TOP 200 ETF   2020-07-13 2020-07-17
40.749 JOHNSON ENHANCED RETURN FUND   2020-07-15 2020-07-17
1.695 MAINSTAY CBRE GLOBAL INFRASTRUCTURE FUND CLASS I #5023   2020-07-15 2020-07-17
5.975 NUVEEN GLOBAL INFRASTRUCTURE FUND CLASS I #6726   2020-07-15 2020-07-17
8.942 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2018-04-03 2020-07-17
20.253 PIMCO STOCKSPLUS INTERNATIONAL FUND UNHEDGED INST #321   2020-07-15 2020-07-17
1.124 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS BOND FUND #163   2018-10-03 2020-07-17
2.297 PRINCIPAL REAL ESTATE SECURITIES FUND - R6 #4269   2016-01-15 2020-07-17
1. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2020-07-13 2020-07-17
93.381 WELLS FARGO CORE BOND FUND CLASS R6 #4657   2017-09-27 2020-07-17
10.332 KELLNER MERGER FUND   2018-04-03 2020-07-24
25.743 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST   2020-07-15 2020-07-24
103.35 BAIRD AGGREGATE BOND FUND INST #72   2016-01-15 2020-07-24
11.559 BLACKROCK HIGH YIELD BOND PORTFOLIO CLASS K #340   2019-07-03 2020-07-24
2.003 COHEN & STEERS REAL ESTATE SECURITIES FUND CLASS I #1260     2020-07-24
16.71 DFA INTERNATIONAL REAL ESTATE SECURITIES FUND     2020-07-24
8.009 FEDERATED HERMES MDT SMALL CAP CORE FUND   2020-07-15 2020-07-24
76.809 FIDELITY MID CAP INDEX FUND INST PREMIUM #2352   2020-07-15 2020-07-24
1.028 FIDELITY ADVISIOR INTERNATIONAL REAL ESTATE FUND   2018-07-02 2020-07-24
6.753 GLENMEDE SECURED OPTIONS PORTFOLIO     2020-07-24
10.497 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CLASS R6 #4   2019-07-03 2020-07-24
8.984 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025   2019-04-02 2020-07-24
48.749 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2020-07-15 2020-07-24
8.303 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2016-01-15 2020-07-24
37. ISHARES RUS TOP 200 ETF   2020-07-13 2020-07-24
174.281 JOHNSON ENHANCED RETURN FUND   2020-07-15 2020-07-24
5.634 PARTNER SELECT ALTERNATIVE STRATEGIES INSTL   2017-10-03 2020-07-24
5.401 MAINSTAY CBRE GLOBAL INFRASTRUCTURE FUND CLASS I #5023   2020-07-15 2020-07-24
7.941 NUVEEN GLOBAL INFRASTRUCTURE FUND CLASS I #6726   2020-07-15 2020-07-24
8.963 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2018-04-03 2020-07-24
183.813 PIMCO STOCKSPLUS INTERNATIONAL FUND UNHEDGED INST #321   2020-07-15 2020-07-24
4.01 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS BOND FUND #163   2018-10-03 2020-07-24
2.551 PRINCIPAL REAL ESTATE SECURITIES FUND - R6 #4269   2016-01-15 2020-07-24
6.246 T ROWE PRICE EMERGING MARKETS STOCK FUND CLASS I #531   2017-04-24 2020-07-24
1. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2020-07-13 2020-07-24
93.905 WELLS FARGO CORE BOND FUND CLASS R6 #4657   2017-09-27 2020-07-24
15.662 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K     2020-08-13
47.709 LAZARD INTERNATIONAL EQUITY INST #632     2020-08-13
139.261 KELLNER MERGER FUND   2018-04-03 2020-10-08
190.578 KELLNER MERGER FUND     2020-10-08
254.829 BLACKROCK HIGH YIELD BOND PORTFOLIO CLASS K #340     2020-10-08
30.306 BLACKROCK HIGH YIELD BOND PORTFOLIO CLASS K #340     2020-10-08
182.663 COLUMBIA SMALL CAP INDEX FUND INTL #444     2020-10-08
626.926 DFA INTERNATIONAL REAL ESTATE SECURITIES FUND     2020-10-08
144.732 EATON VANCE GLBL MACRO ABS RET ADVTG R6   2018-04-03 2020-10-08
2.599 EATON VANCE GLBL MACRO ABS RET ADVTG R6   2020-07-24 2020-10-08
98.055 FEDERATED HERMES MDT SMALL CAP CORE FUND     2020-10-08
2.082 FIDELITY ADVISIOR INTERNATIONAL REAL ESTATE FUND     2020-10-08
90.097 FIDELITY ADVISIOR INTERNATIONAL REAL ESTATE FUND     2020-10-08
45. FIRST TRUST LONG/SHORT EQUITY ETF     2020-10-08
231.22 GLENMEDE SECURED OPTIONS PORTFOLIO     2020-10-08
44.32 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025     2020-10-08
256.762 HARTFORD EMERGING MARKETS LOCAL DEBT FUND CLASS Y #1025   2020-04-20 2020-10-08
34.777 WCM FOCUSED INTERNATIONAL GROWTH FUND #840   2020-07-15 2020-10-08
17.909 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2020-04-20 2020-10-08
157.332 361 GLOBAL LONG/SHORT EQUITY FUND CLASS Y #832   2016-01-15 2020-10-08
16.076 IVY HIGH INCOME FUND CLASS N #229     2020-10-08
192.365 IVY HIGH INCOME FUND CLASS N #229     2020-10-08
179.564 PARTNER SELECT ALTERNATIVE STRATEGIES INSTL     2020-10-08
136.085 PARTNER SELECT ALTERNATIVE STRATEGIES INSTL     2020-10-08
172.777 PIMCO STOCKSPLUS SMALL FUND - INST #1885     2020-10-08
215.837 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS BOND FUND #163     2020-10-08
11.33 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS BOND FUND #163     2020-10-08
118.483 T ROWE PRICE MID-CAP GROWTH FUND CLASS I #524     2020-10-08
110.818 INFINTY Q DIVERSIFIED ALPHA FUND #2373     2020-10-08
65.231 INFINTY Q DIVERSIFIED ALPHA FUND #2373     2020-10-08
27.418 VANGUARD 500 INDEX FUND ADM #540   2016-10-07 2020-10-08
66.957 VANGUARD 500 INDEX FUND ADM #540     2020-10-08
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,784   2,402 382
b 73   75 -2
c 1,225   1,210 15
d 7,051   6,785 266
e 24,624   22,324 2,300
4,605   4,571 34
5,585   5,398 187
14,018   15,400 -1,382
2,386   2,012 374
6,262   6,142 120
1,650   1,528 122
609   594 15
1,776   1,785 -9
1,157   1,218 -61
1,059   1,083 -24
373   365 8
839   914 -75
24   25 -1
848   959 -111
352   395 -43
2,791   2,788 3
4,376   4,144 232
84   88 -4
144   180 -36
121   133 -12
11   13 -2
13   18 -5
1,112   1,123 -11
63   97 -34
86   95 -9
60   66 -6
377   407 -30
84   94 -10
91   101 -10
463   414 49
4,046   3,972 74
1,210   2,226 -1,016
5,024   6,791 -1,767
4,998   6,979 -1,981
12,104   15,368 -3,264
1,576   2,001 -425
2,123   3,429 -1,306
13,804   16,483 -2,679
2,284   3,118 -834
1,380   2,240 -860
2,358   3,614 -1,256
16,545   24,799 -8,254
1,783   2,507 -724
2,705   3,648 -943
1,016   1,505 -489
3,851   4,376 -525
3,944   4,474 -530
18,511   26,853 -8,342
2,935   3,868 -933
4,774   6,368 -1,594
9,132   13,969 -4,837
1,638   2,492 -854
2,239   3,747 -1,508
5,029   7,089 -2,060
1,919   3,217 -1,298
4,848   7,373 -2,525
1,357   2,202 -845
832   1,349 -517
10,733   13,920 -3,187
391   445 -54
4,008   4,655 -647
1,937   2,589 -652
21,215   30,011 -8,796
17,875   23,868 -5,993
208   212 -4
1   2 -1
60   103 -43
3   6 -3
43   43  
2   2  
       
329   342 -13
2   2  
1   1  
502   828 -326
3   4 -1
2   3 -1
1,024   1,044 -20
75   136 -61
1   1  
548   808 -260
4   6 -2
86   79 7
11   11  
9   10 -1
2   2  
9   11 -2
80   127 -47
751   864 -113
183   189 -6
1,372   1,373 -1
12   12  
2,182   2,065 117
4,017   3,540 477
1,052   980 72
12   14 -2
149   164 -15
49   59 -10
320   357 -37
157   141 16
3,992   3,499 493
447   419 28
2,251   2,180 71
25,633   21,667 3,966
7,543   6,771 772
19   21 -2
29,743   25,505 4,238
2,149   1,762 387
9,888   8,440 1,448
13,539   11,885 1,654
177   188 -11
1,310   1,269 41
202   193 9
1,946   1,653 293
1,085   1,039 46
11,950   10,147 1,803
6,487   5,746 741
52,099   42,332 9,767
13,600   10,376 3,224
30   31 -1
989   914 75
26   29 -3
31   36 -5
15   17 -2
202   221 -19
45   48 -3
88   78 10
2   3 -1
1,043   1,021 22
1   1  
2   1 1
1,979   1,946 33
1,946   1,913 33
12,597   9,460 3,137
6,297   6,066 231
1,828   1,549 279
2,143   1,717 426
5,271   4,805 466
418   511 -93
1,339   1,300 39
810   691 119
8,339   8,244 95
1   1  
1,513   1,535 -22
2,091   1,750 341
394   455 -61
3,348   2,980 368
4   4  
4,152   3,589 563
3,680   3,055 625
1,468   1,359 109
4,255   3,669 586
1,594   1,333 261
1   1  
2,350   1,958 392
6,925   4,731 2,194
5,188   4,784 404
396   355 41
53,885   46,490 7,395
11   14 -3
26   25 1
309   312 -3
236   239 -3
360   325 35
92   96 -4
37   37  
1   2 -1
122   122  
30   31 -1
1,335   1,330 5
58   62 -4
93   101 -8
65   67 -2
41   39 2
1,930   1,950 -20
696   697 -1
19   19  
61   60 1
82   106 -24
112   113 -1
9   9  
55   49 6
119   115 4
1,312   1,206 106
109   110 -1
277   276 1
1,234   1,107 127
86   89 -3
29   33 -4
64   60 4
140   141 -1
1,709   1,699 10
12   12  
78   81 -3
114   123 -9
49   49  
1,013   1,004 9
92   87 5
2,848   2,886 -38
2,968   2,980 -12
64   66 -2
60   60  
81   80 1
83   106 -23
1,022   1,022  
33   33  
61   54 7
283   227 56
119   115 4
1,325   1,212 113
348   335 13
854   789 65
1,473   1,489 -16
2,016   2,082 -66
1,916   1,816 100
228   221 7
3,882   2,892 990
2,514   2,173 341
1,544   1,511 33
28   27 1
1,865   1,527 338
25   25  
1,100   1,039 61
1,944   1,783 161
2,805   2,539 266
238   241 -3
1,381   1,223 158
771   716 55
209   185 24
1,838   1,658 180
107   97 10
1,285   1,314 -29
2,074   1,987 87
1,572   1,565 7
1,593   1,204 389
1,750   1,799 -49
92   87 5
12,545   9,736 2,809
1,436   1,284 152
845   813 32
8,725   5,456 3,269
21,306   14,332 6,974
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
      3,288
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       382
b       -2
c       15
d       266
e       2,300
      34
      187
      -1,382
      374
      120
      122
      15
      -9
      -61
      -24
      8
      -75
      -1
      -111
      -43
      3
      232
      -4
      -36
      -12
      -2
      -5
      -11
      -34
      -9
      -6
      -30
      -10
      -10
      49
      74
      -1,016
      -1,767
      -1,981
      -3,264
      -425
      -1,306
      -2,679
      -834
      -860
      -1,256
      -8,254
      -724
      -943
      -489
      -525
      -530
      -8,342
      -933
      -1,594
      -4,837
      -854
      -1,508
      -2,060
      -1,298
      -2,525
      -845
      -517
      -3,187
      -54
      -647
      -652
      -8,796
      -5,993
      -4
      -1
      -43
      -3
       
       
       
      -13
       
       
      -326
      -1
      -1
      -20
      -61
       
      -260
      -2
      7
       
      -1
       
      -2
      -47
      -113
      -6
      -1
       
      117
      477
      72
      -2
      -15
      -10
      -37
      16
      493
      28
      71
      3,966
      772
      -2
      4,238
      387
      1,448
      1,654
      -11
      41
      9
      293
      46
      1,803
      741
      9,767
      3,224
      -1
      75
      -3
      -5
      -2
      -19
      -3
      10
      -1
      22
       
      1
      33
      33
      3,137
      231
      279
      426
      466
      -93
      39
      119
      95
       
      -22
      341
      -61
      368
       
      563
      625
      109
      586
      261
       
      392
      2,194
      404
      41
      7,395
      -3
      1
      -3
      -3
      35
      -4
       
      -1
       
      -1
      5
      -4
      -8
      -2
      2
      -20
      -1
       
      1
      -24
      -1
       
      6
      4
      106
      -1
      1
      127
      -3
      -4
      4
      -1
      10
       
      -3
      -9
       
      9
      5
      -38
      -12
      -2
       
      1
      -23
       
       
      7
      56
      4
      113
      13
      65
      -16
      -66
      100
      7
      990
      341
      33
      1
      338
       
      61
      161
      266
      -3
      158
      55
      24
      180
      10
      -29
      87
      7
      389
      -49
      5
      2,809
      152
      32
      3,269
      6,974
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,097
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 36
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 36
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 36
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 136
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 136
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 100
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet36 RefundedBullet 11 64
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFIRST CITIZENS BANK Telephone no.bullet (919) 716-7347

    Located atbulletPO BOX 29522RALEIGHNC ZIP+4bullet27626
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    FIRST CITIZENS BANK TRUSTEE
    40     		6,891    
    PO BOX 29522
    RALEIGH,NC27626
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    430,986
    b
    Average of monthly cash balances.......................
    1b
    18,258
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    449,244
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    449,244
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    6,739
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    442,505
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    22,125
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    22,125
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    36
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    22,089
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    22,089
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    22,089
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    22,708
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    22,708
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    22,708
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 22,089
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 22,708
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 22,708
    a Applied to 2019, but not more than line 2a 22,708
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		22,089
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    NEW BERN CRAVEN COUNTY SCHOOLS
    ATTN DENISE ALTMAN
    NEW BERN,NC28560     		NONE PC GENERAL NEEDS OF THE SCHOOL 22,708
    Total .................................bullet 3a 22,708
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 9,345  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,097  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   10,714  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,714
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 450 450    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK HIGH YIELD BD    
    IVY HIGH INCOME    
    BAIRD AGGREGATE BD 28,778 30,433
    HARTFORD EMERGING MKTS LOCAL D    
    AMERICAN BEACON GARCIA HAMILTO 15,469 15,663
    T ROWE PRICE INSTITUTIOINAL EM    
    WELLS FARGO CORE BOND FUND 26,912 27,281
    VANGUARD SHORT TERM 31,273 31,224

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS INTL SMALL CAP I 2,964 3,726
    PIMCO STOCKSPLUS INTL (USD-HED 7,910 11,075
    LITMAN GREGORY MASTERS ALTERNA    
    COLUMBIA CONTRARIAN CORE 17,443 20,883
    DFA INTL REAL ESTATE SECURITIE    
    GLENMEDE LRG CAP CORE    
    LAZARD INTL EQUITY 7,735 10,621
    PEAR TREE POLARIS FOREIGN VALU 2,425 2,843
    PRINCIPAL REAL ESTATE SECURITI 2,626 3,025
    T ROWE PRICE MID-CAP GROWTH    
    TIAA-CREF EMERGING MKTS EQUITY 6,847 9,114
    VANGUARD 500 INDEX    
    361 GLOBAL LONG/SHORT EQUITY    
    ISHARES MSCI EAFE INTL INDEX 12,544 17,063
    GOLDMAN SACHS EMERGING MKTS EQ 4,323 5,896
    MFS MID CAP VALUE 11,055 15,341
    T ROWE PRICE EMERGING MKTS STO 5,181 6,666
    KELLNER MERGER FUND    
    COHEN & STEERS REAL ESTATE SEC 2,010 2,133
    EATON VANCE GLOBAL MACRO ABSOL    
    FIDELITY ADVISOR INTERNATIONAL    
    GLENMEDE SECURED OPTIONS PORTF    
    GOLDMAN SACHS ENHANCED INCOME    
    OAKMARK FUND    
    WCM FOCUSED INERNATIONAL GROWT 9,232 13,124
    PEAR TREE POLARIS FOREIGN VALU 10,452 14,327
    INFINITY Q DIVERSIFIED ALPHA F    
    ARTISAN INTERNATIONAL SMALL-MI 2,087 3,071
    ASHMORE EMERGING MARKES ACTIVE 5,808 7,952
    BALLIE GIFFORD EMERGING MARKET 5,109 7,694
    COLUMBIA SMALL CAP INDEX FUND    
    FIDELITY MID CAP INDEX FUND 31,403 44,170
    ISHARES MSCI ACWI ETF    
    FEDERATED MDT SMALL CAP CORE F    
    BALTER INVENOMIC FUND    
    PIMCO STOCKSPLUS SMALL FUND 2,119 3,910
    VICTORY INTEGRITY DISCOVERY FU    
    BLACKROCK MID-CAP GROWTH 12,294 14,076
    FEDERATED HERMES MDT SC 1,847 3,119
    ISHARES RUS TOP 200 87,651 102,208
    JOHNSON ENHANCED RETURN 18,497 22,707
    MAINSTAY CBRE GLOBAL 1,911 2,061
    NUVEEN GLOBAL INFR 1,974 2,140
    PROSHARES TR DJ BROOKFIELD 991 1,027
    T ROWE PRICE US EQUITY RESEARC 18,869 24,838
    VANGUARD SCOTTSDALE 4,236 5,698

    TY 2020 OtherDecreasesSchedule
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Description Amount
    ROUNDING 2
    WASH SALE ADJUSTMENT 3,587


    TY 2020 OtherIncomeSchedule2
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER REVENUE 272 0  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT & ACCOUNTING FEES (ALLOC 228 228    


    TY 2020 TaxesSchedule
    Name:
    ALBERT H BANGERT CHARITABLE TRUST
    EIN:
    56-6034663
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON QUALIFIED FOR 212 212   0
    FOREIGN TAXES ON NONQUALIFIED 20 20   0